First Principal Payment Date definition

First Principal Payment Date means the first Semi-Annual Date occurring after the Commercial Operation Date.

First Principal Payment Date. As defined in the FFB Promissory Note.

First Principal Payment Date. September 15, 2012.

Examples of First Principal Payment Date in a sentence

• Commencing on the First Principal Payment Date, as set forth in Section 2.1(b), said interest shall be payable on the principal payment installment due dates at the following rate per annum.

• BOND SUMMARY (to Maturity) Class A to Maturity CPR Draw Rate WAL Modified Duration(1) First Principal Payment Date Last Principal Payment Date Principal Window (months) (1) Modified duration calculated assuming a price of 100.00%.

• With respect to each Advance, the amount of principal due on the First Principal Payment Date, on each Payment Date to occur thereafter, and on the Maturity Date shall be, in each case, substantially equal to the amount of every other quarterly installment of principal and shall be sufficient, when added to all other such quarterly installments of equal principal, to repay the principal amount of the respective Advance in full on the Maturity Date.

• Commencing on the First Principal Payment Date, as set forth in Section 2.1(b), said interest shall be payable on the principal payment installment due dates at the following rate per annum: Libor Rate Libor Rate (London Interbank Offered Rates as reported in the Wall Street Journal on the last business day of the preceding month) interest shall accrue from the date of each Advance at a variable rate per annum equivalent to the 1-month Libor Rate plus 3% (the “Variable Rate”).

• Commencing on the First Principal Payment Date, as set forth in Section 2.2(b), said interest shall be payable on the principal payment installment due dates at the following rate per annum: Libor Rate Libor Rate (London Interbank Offered Rates as reported in the Wall Street Journal on the last business day of the preceding month) interest shall accrue from the date of each Advance at a variable rate per annum equivalent to the 1-month Libor Rate plus 3% (the “Variable Rate”).

More Definitions of First Principal Payment Date

First Principal Payment Date means the date set forth on Annex A of this Agreement opposite such term.

First Principal Payment Date means the earlier of 18 months after the Mean ---------------------------- Commissioning Date and 1 January, 2001.

First Principal Payment Date means the last day of the sixty-third (63rd) full calendar month following the date hereof.

First Principal Payment Date means the first Interest Payment Date to occur immediately preceding the date that is eighteen months after the Effective Date.

First Principal Payment Date means the First Principal Payment Date set forth on the first page of the Bond.

First Principal Payment Date means the first Interest Payment Date that occurs after the date on which the Grace Period

First Principal Payment Date means the date which is the last Business Day of the first calendar quarter after the calendar quarter in which the Confirmation Date occurs.